question_answer 10)

                The cost of an article was Rs 15,500, Rs 450 were spent on its repairs If it is sold for a profit of 15%, find the selling price of the article.

Answer:

                CP of the article = Rs 15,500 + Rs 450 = Rs 15,950 Profit = 15% of Rs 15,950 = Rs \[\frac{15}{100}\times 15,\,950\] = Rs 2392.50 \[\therefore \] SP of the article = CP + Profit = Rs 15,950 + Rs 2392.50 = Rs 18342.50 Hence, the selling price of the article is Rs 18342.50.